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AI bias occurs when an algorithm produces prejudiced results due to erroneous assumptions in the machine-learning process.

The average settlement for a pedestrian accident is around $67,500, Brown and Crouppen reports.

With great influence comes the potential for significant legal risk.

This week's update includes insurance industry news from HSB, Crawford Technologies, ReSource Pro and more.

A company spokesperson tells PropertyCasualty360 that agents in Texas and several other states will be impacted.

Hurricane Francine is the the sixth hurricane to make landfall in Louisiana in the last five years.

Insurers can issue a notice of cancellation for non-payment during this time, but can only cancel the policy after the expiration of the emergency rule.

Outgoing chairman Mike McBride will remain on the executive committee for an additional year as immediate past chair.